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that's why you were elected. part two is first of all, you have the debt ceiling coming up. they have a lot of power. they should never surrender their constitutional authority to the president. why don't they just pass their bill? give it to the president. extend all the bush tax cuts. would that be a good idea, or do you have a better idea? >> no. i think they should. i think the president will play because everybody now including, as you said, boehner himself is talking about the rich in sort of obama terms. obama will come back and say no, we're going to eliminate the tax cuts for the rich. we're just going to give them to the middle class, and that's where they're ahead in public opinion, but i think they're not going to have i any choice. republicans have to stick together. they have to resist the pressure of the white house, and if obama wants to take them over a cliff and wants to inherit a new recession which will destroy his second term, i think they ought to say if that's what you want, mr. president, we'll just do it. >> well said as always. charles krauthammer,
that's why you were elected. part two is first of all, you have the debt ceiling coming up. they have a lot of power. they should never surrender their constitutional authority to the president. why don't they just pass their bill? give it to the president. extend all the bush tax cuts. would that be a good idea, or do you have a better idea? >> no. i think they should. i think the president will play because everybody now including, as you said, boehner himself is talking about the rich...
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Dec 5, 2012
12/12
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the midterm election. hopefully this is the beginning of a good productive legislation's been iq made headlines to say go-ahead extend the tax cuts and later fight to extend for wealthier americans. does that change your position? >> what is the right thing to do but the two sides agreed they don't to raise taxes on 98% we should agree to take them out of the line of fire. awac surely come to our side but if they are worried politicians that they don't have confidence that is what they will focus on and this is a democratic point* of leverage. so let's take it off the table. and it is not contradiction it is sensible i hope you will do it. >>host: how many people agree? >> i have no idea. the whole idea came before thanksgiving to have the deputy whip meeting with my friend mccarthy to solicit opinions. then we have a larger discussion with the entire team and you guys are pretty smart it was leaked then is a sensation with a tactical question and the right thing to do. >>host: have you spoken with speaker
the midterm election. hopefully this is the beginning of a good productive legislation's been iq made headlines to say go-ahead extend the tax cuts and later fight to extend for wealthier americans. does that change your position? >> what is the right thing to do but the two sides agreed they don't to raise taxes on 98% we should agree to take them out of the line of fire. awac surely come to our side but if they are worried politicians that they don't have confidence that is what they...
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Dec 10, 2012
12/12
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we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for profit growth in '14. >> you point out that your sector positioning, you say it's cautious, but you are upping technology to overweight. underweighting domestic cyclical. if cap-ex is a phenomenon next year why would you not be more highly leveraged to that? >> well, we think that first of all, the numbers, and the valuations, look fully played out. we think they still have housing market euphoria. and, have looked at things like consumer confidence going up, at least until friday, as a result of house prices stabilizing. for us, that's the reason why
we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for...
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neil: no, i think we have discussed this elections and i know we set againstaising taxes but,f that is the consequence of election for a presidt w campaigned hikin on the back of the rich, i don't like it but, to fold. >> this is a hypocrisy level, thee say this is the right thing too, but who gets crushed on the higher taxes? small businesses. i don't care what anyone said, presidentaid that 97% o small businesses do not get hit by this, that is if youount the guy int mows your lawn all by himself, and consultants, but those who are hiring -- >> i don blame the presint at all,o ram it down the people's throat. >> we need though -- -- >> myear is that wall stree acquiesce it kws we'll have far reaching problem. >>of course, like money managers all of a sudden, they e the king, they are self preservation is sad. neil: what are they afraid of? >> they want to keep their money, they want to be the mack daddy. we neehe cut and flash s.w.a.t. team,,cutting across the board. >> that is an interesting question, what are they afraid of. theresident has a good hand th do not believe- >> a good
neil: no, i think we have discussed this elections and i know we set againstaising taxes but,f that is the consequence of election for a presidt w campaigned hikin on the back of the rich, i don't like it but, to fold. >> this is a hypocrisy level, thee say this is the right thing too, but who gets crushed on the higher taxes? small businesses. i don't care what anyone said, presidentaid that 97% o small businesses do not get hit by this, that is if youount the guy int mows your lawn all...
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Dec 9, 2012
12/12
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when we asked -- these are exit polls from november 6, from the last election, of course. should same-sex marriage be legally recognized, yes, 49%, no, 46%. obviously, the country is closely divided on this. but we have seen a little bit of a shift in the numbers. brian, do you think that the time has come that attitudes about this have changed and the court will go with that change? >> no, i don't think that's the case at all. i mean, look, six months ago, north carolina voted by over 61% to protect marriage as the union of a man and a woman. of course, there were the four deep blue liberal statings that voted to redefine marriage, but that's an indication of the future of the you country. there is no constitutional right to redefine marriage. our founding fathers didn't see it that way, the last supreme court decision, the united states supreme court said there was no federal question here. so this is essentially making the law up as you go along, it is reading into the constitution. i do not believe the united states supreme court is going to launch another culture war,
when we asked -- these are exit polls from november 6, from the last election, of course. should same-sex marriage be legally recognized, yes, 49%, no, 46%. obviously, the country is closely divided on this. but we have seen a little bit of a shift in the numbers. brian, do you think that the time has come that attitudes about this have changed and the court will go with that change? >> no, i don't think that's the case at all. i mean, look, six months ago, north carolina voted by over...
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i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up for changing that, increased energy prices, vehicles you can drive, that the behavior changes they need in theory of the causes of things. no one signed up for that because they -- few people signed up for that, a real lifestyle change which would be measurable, financially, and in your behavior, dramatic, very people, i think, vote for that, if that was something ty had to do. i don't think we'll get anything serious like that because there's not a mandate for that. >> i mean, one of the things interesting about the speech, and i realize you were not able to watch , and i undstand why. neil: harvard people listen to that. >> the comments were incendia
i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up for changing that, increased energy prices, vehicles you can...
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12/12
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simply because the president believes his election means people voted for higher taxes for the wealthy. and the republicans believe they are off the hook because they took the grover norquist no new tax pledge. in that scenario, rising above, my pin means absolutely nothing. rise above what? the oath you gave to your voters? to these hardened partisans to rise above means rising above compromise. compromise is bad. right? i mean they think compromise is bad. they want to rise above it. they think it's a higher ground than not compromise. what's amazing to me is that when congress came up with this ridiculous cliff idea, there were legislators who believed that if these draconian changes were to become law, it would be so obvious we would be thrown into recession that it wouldn't happen. that fact was supposed to create compromise, instead, neither side seems at all fearful for recession. it's amazing how bold they are or maybe how stupid they are and to the gop, obama's re-election clearly meant nothing at all. it's almost as if neither side realizes how many people are simply just pla
simply because the president believes his election means people voted for higher taxes for the wealthy. and the republicans believe they are off the hook because they took the grover norquist no new tax pledge. in that scenario, rising above, my pin means absolutely nothing. rise above what? the oath you gave to your voters? to these hardened partisans to rise above means rising above compromise. compromise is bad. right? i mean they think compromise is bad. they want to rise above it. they...
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12/12
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after the election, which his party lost, he's now offering post-election this much new revenue. so his offer since losing the election got worse. that new offer came in a new outline of proposals that the republicans sent to the president in a letter yesterday. it's a plan that they describe in their letter as "a fair middle ground." here's what they consider a fair middle ground. we did this in chart form today. because it turns out it's really simple. and looking at it this way makes it simple. here's what they are offering. on the side of what the republicans get, the republicans get the tax rates they want, the medicare cuts they want, the trillion dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the republicans get in their proposal. what do the democrats get in their proposal? they get this. a promise to end undefined tax deductions and loopholes of some kind a
after the election, which his party lost, he's now offering post-election this much new revenue. so his offer since losing the election got worse. that new offer came in a new outline of proposals that the republicans sent to the president in a letter yesterday. it's a plan that they describe in their letter as "a fair middle ground." here's what they consider a fair middle ground. we did this in chart form today. because it turns out it's really simple. and looking at it this way...
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Dec 10, 2012
12/12
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what you're saying is the president wins election, the presidential election, and he wins it on a debate about taxes, post-election exit polling reveals that in excess of 60% of americans support his view that taxes on the top 2% should go up, but your position is, no, we should cut taxes. >> the problem is you think we lost on messaging. i think we lost on tactics. the left knocked on doors, went to communities and talked to them. all the right does is try to use ads and robocalls to try to make our message. the most annoying tactics possible and we think people will believe what we're saying. i don't think people think that the job creators aren't doing enough, they need to be paying more, that we need to go out and say this is the employers fault and think that's going to create jobs. people my age, we are looking for work and we know that we don't get jobs from the government because they're controlled by unions. we want real jobs in the private economy. >> but, ron, don't you think you're being a little bit harsh on the speaker. give the man credit. you know, he spent four years opp
what you're saying is the president wins election, the presidential election, and he wins it on a debate about taxes, post-election exit polling reveals that in excess of 60% of americans support his view that taxes on the top 2% should go up, but your position is, no, we should cut taxes. >> the problem is you think we lost on messaging. i think we lost on tactics. the left knocked on doors, went to communities and talked to them. all the right does is try to use ads and robocalls to try...
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were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something thats as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been set from the beginning that the tea pay not only poses an incredible threat to the senate democrats, but to establish republicans. now, representative john boehner opportunity to mitigate what they have in washington. >> well, i think what he is doing is looking at -- he is missing the point. the t
were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something thats as insignificant and their life as a...
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lou: he just lost his state in a national election. >> romney lost the state. the unemployment rate in ohio has gone down was due to policies. >> sorry about these governors. they have made there stay solvent. but look. -- [talking over each other] >> if i may. my heart is filled with excitement. i am so excited as i hear you tell me how good things are at the state level. there are governors out there. there are state legislatures, 26 of them controlled by republicans. i am not suggesting that the republican party has disappeared i am suggesting that national leaders to deal with the white house in a campaign structure@ that is still campaigning relentlessly after winning a presidential election -- >> the speaker has not buckled. he said la land. lou: did he say lolland all by himself? >> this is serious. here is what we can do. here is what we want to do. take the politics out of it. they'd be partisan is this right now. a higher probability they can come to a deal or look like heroes. if they try to make this work there will be in very serious trouble for so
lou: he just lost his state in a national election. >> romney lost the state. the unemployment rate in ohio has gone down was due to policies. >> sorry about these governors. they have made there stay solvent. but look. -- [talking over each other] >> if i may. my heart is filled with excitement. i am so excited as i hear you tell me how good things are at the state level. there are governors out there. there are state legislatures, 26 of them controlled by republicans. i am...
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and i think that they're certainly trying to leverage off of tt since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their ow, painful death. >> on that upbeat note. i want you to look at this. the parent company of red lobster, filing a fight for e president's health care law, not becse of the actual law, becauset criticized the law. the gang from forbes is going to explain the top of the hour, up next, did any of you see this? oh!oh! >> apparently theseuys just found o that they could get fine for eating while dving. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, hoho! [ male announcer ] lease a 2013 glk35
and i think that they're certainly trying to leverage off of tt since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their ow, painful death. >> on that upbeat note. i want you to look at this. the parent company of...
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it is like the election never happen. we are still campaigning on the campaign trail. today in pennsylvania, talking about what needs to be done. shouldn't he be in the wite house hosting the negotiations himself instead of sending his foot soldier, timothy geithner, the fellow who put together the biggest bailout in american history? talking about someone who is going to be good at negotiating on our taxpayer dollars. i would think that timothy geithner s not the man we met i would agree with you. this is actually shocking. i'm going to say that the president won, no contest there. can we get past the campaigning? are really just shows a lack of seriousness. gerri: all right. i would like you to hear eric cantor today. everyone is reacting to the president's plan. here's what he had to say. remap when he won his reelection, we won our reelection. this is not a game. gerri: it was only a matter of time before somebody said rope a dope. you have to bring out all the hyperboles come all the saints. you know, i'm thinking that it's very possible. if you look at the media
it is like the election never happen. we are still campaigning on the campaign trail. today in pennsylvania, talking about what needs to be done. shouldn't he be in the wite house hosting the negotiations himself instead of sending his foot soldier, timothy geithner, the fellow who put together the biggest bailout in american history? talking about someone who is going to be good at negotiating on our taxpayer dollars. i would think that timothy geithner s not the man we met i would agree with...
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Dec 7, 2012
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for us political junkies, the election was like injecting heroin. this fiscal cliff debate is like drinking non-alcohol beer with elephant urine. it's just -- and that's why nobody knows about it. if we don't care about it, the average snow in the schmo in the street that jesse watters is going to interview he doesn't give a damn about it we have got to stop. put your hands up we lost. >> bill: it's so important. thanks very much. factor tip of the day. another web site where you might get some money. the tip 60 seconds away. this d capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! a new way to save on your prescriptions. it's the aarp medicarerx saver plu
for us political junkies, the election was like injecting heroin. this fiscal cliff debate is like drinking non-alcohol beer with elephant urine. it's just -- and that's why nobody knows about it. if we don't care about it, the average snow in the schmo in the street that jesse watters is going to interview he doesn't give a damn about it we have got to stop. put your hands up we lost. >> bill: it's so important. thanks very much. factor tip of the day. another web site where you might...
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>> well, i think when we get st it is when we make sure that the elected officials know that the people they need are not the big public employee union leaders who constantly try to flex their muscle or the big corporation leaders. it is the people who sent them to represent them. and we get past this when elected officials sit down and start listening to the people who work in schools, the kids come in the other people in their district. they are just not doingthat. as a result, there is no question why we are seeing small business suffer and why we are, again, for the second year in a row, the sme of the country where he should be. >> earlier this week about the california -- real estate seem to be percolating, things were coming together. is that not so? >> it's not so. we represent around 20,000 members of small business here. 350,000 nationwide. across the nation, but the best content especially here in california. no hope or certainty. that optimism continues to plummet. so we are finding the mom-and-pop stores -- especially during the holiday season -- with a lack of will. it's a
>> well, i think when we get st it is when we make sure that the elected officials know that the people they need are not the big public employee union leaders who constantly try to flex their muscle or the big corporation leaders. it is the people who sent them to represent them. and we get past this when elected officials sit down and start listening to the people who work in schools, the kids come in the other people in their district. they are just not doingthat. as a result, there is...
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he was elected on it, it doesn't matter. >> 50% othe vote on it. >> it doesn't matter, you know that as well as i do. it's only political. >> no, no, no, i'm not-- no, i'm not saying that, i'm saying that there's no rational reason. >> let me finish, charlie. >> and what is the rationality ttreat a small business person who makes $250,000 a year and employs ten people just like steve jobs, warren buffett and-- >> and we quibble? >> let me finish. we can quibble about what the right amount is, whether it's $250,000 or whether it's 500,000, what the president is trying to do. >> and for a while, charles, help me with this part of it. whatever your views on taxes, and i think it's happening and ben stein' earlier point, it's there. andeeply disturbing, where is it, not only there's a l lack of result to slowing what is the growth to spend because there's no cutting going on. but we're going to-- and that's what we're going to do and this is the effort and the measure you use to finally get serious. this is not serious. >> warren buffett laid it out on monday in that new york times op-ed
he was elected on it, it doesn't matter. >> 50% othe vote on it. >> it doesn't matter, you know that as well as i do. it's only political. >> no, no, no, i'm not-- no, i'm not saying that, i'm saying that there's no rational reason. >> let me finish, charlie. >> and what is the rationality ttreat a small business person who makes $250,000 a year and employs ten people just like steve jobs, warren buffett and-- >> and we quibble? >> let me finish. we can...
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the president won the election and if it pushed over, blame the republicans? >> well, brenda, i think there will be a gimmick and that's unfortunately the way that washington works these days, larry had a phrase, he said meaningful spending difficulties. we know that there's not going to be any meaningful spending cuts, there's not going to be meaningful spending cuts three weeks from now, it's not going to be there three years from now. let's at least get over the psychological hurdle of the fiscal cliff. move on, and put some bandaid together and then hopefully, the next group in there, minus obama, starts to cure this four years from now, because nothing's goingo happen in the next four years good. but maybe we get through the fiscal cliff, but then another fiscal cliff comes, that's the whole point of this. >> in fact, and there was a proposal this week to try it get rid of the fiscal cliffs and no longer give congress full power to extend the debt. but i think, i'll tell you what, i'm kind of curious to see the other guys, i think we're going over the fis
the president won the election and if it pushed over, blame the republicans? >> well, brenda, i think there will be a gimmick and that's unfortunately the way that washington works these days, larry had a phrase, he said meaningful spending difficulties. we know that there's not going to be any meaningful spending cuts, there's not going to be meaningful spending cuts three weeks from now, it's not going to be there three years from now. let's at least get over the psychological hurdle of...
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we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with ourleaer, the speaker, and talk seriously about these plans. gerri: small busess, big business. the governor. who is lef for t predent to talk to? >> well, we also founthat the president was out at various bunesses encouraging the electric ted send it to it's about what he wants. and that is not the way that you get a negotiation going, byy talking about this andthe public as he has. he needs to sit down with the leaderof the house and the senate and he needs o be the leader on this. we are not seeing it here, and it's very, very discouraging. gerri: o what you torespondto what nancy pelosi had tosay about hostage-ting today. pretty dramatic comments. th is nncy pelosi. >> the republicans are sayg that rather than pasing that they want to hold it hostage, giving an additional ax cut to people maing oer $250,000 a year. that i not negotiating. that is hostage-taking. gerri: how would you repondo that? >> wel i would respond by saying t
we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with ourleaer, the speaker, and talk seriously about these plans. gerri: small busess, big business. the governor. who is lef for t predent to talk to? >> well, we also founthat the president was out at various bunesses encouraging the electric ted send it to it's about what he wants. and that is not the way that you get a negotiation going, byy talking about this andthe public...
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and before the election, unformer. two admistrations that did that. everyone wts a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one because it s a cast catastrophe. >> and if it's beyond your control and-- >> the case is we voted for you, we get a bailout. >> and on the other side, detroit is in a multi-decade collapse that is beyond the scope, it's almost lik a hurricane. and i'm not saying it's totally insane for nem to get a disproportionate amount-- >> gary b, you le in maryland, should you and maryland be paying for what detroit or michigan is deciding to do with unions and pensns and how they got themselves in this mess in the first place? >> exactly, brenda. i kind of agree with jonas. i'm not sure i'd be so quick bail out cities with national catastrophes. they decided to live there and build there. but jonas it right, a lot of cities like detroit are avily unionized. they invested heavily in these gold-plated cadillac-li
and before the election, unformer. two admistrations that did that. everyone wts a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one because it s a cast catastrophe. >> and if it's beyond your control and-- >> the case is we voted for you, we get a bailout. >> and on the other side, detroit is in a multi-decade collapse that is beyond the scope, it's...
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elections have consequences. at that right now. lou: i think we all agree about conseqnces. certainly. your thoughts on this? does it look to you right now like we are going to avoid this fiscal cliff? the president, but the brilliant idea? it's interesting how he does this. he initiates an ultmatum and the goes passive aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy which obviously has completely confounded republican leaders. >> yes, and the polls show that the american people are prud and -- probably going to blend republicans now matter what happen. lou: slightly. >> therefore i think that is what you're seeing with president obama'sttitude here. lou: does irritate you to think that they are going to blame the republicans denied republicans are basical saying, you know, we are going to step back because you're going to blame us instead of coming up with a answer, a rejoinder to the president's going after them. and they don't have a strategy. they don't have a message. they don't want anybody to think bay of them. >> he
elections have consequences. at that right now. lou: i think we all agree about conseqnces. certainly. your thoughts on this? does it look to you right now like we are going to avoid this fiscal cliff? the president, but the brilliant idea? it's interesting how he does this. he initiates an ultmatum and the goes passive aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy which obviously has completely confounded republican leaders. >> yes,...
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we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes are going up. we still have a trillion dollar deficit. this does not solve anything. at best, even if they raise the mo
we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media...
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. >> elections have consequences. the president campaigned, made it very clear. made very clear that he was supporting ta cuts for the middle-class, that he wanted the expiration of the tax cuts for the high end. >> very little progress among the inside player so far, the president plans to keep pressuring republicans from the outside. meeting with the nation's governors on tuesday and then addressing the business roundtable on wednesday. lou: thank you. ed henry, fox news chief white house correspondent. joining me now, a pulitzer prize-winning journalist, campaign strategists, former reagan political director of, veteraran democratic campaign strategists. we thank you all for being here. let's turn, if i may, to you. this is an impasse, a stal i'm going to be the one who raises taxes, but you're going to be the ones tocut medicare. if you want cuts in entitlements, but the mob. i'm not going to do both for you. lou: here is a thought. that is, the obama white house has made a rare mistake, miscalculation. they have incentivized republicans to say, you know, the
. >> elections have consequences. the president campaigned, made it very clear. made very clear that he was supporting ta cuts for the middle-class, that he wanted the expiration of the tax cuts for the high end. >> very little progress among the inside player so far, the president plans to keep pressuring republicans from the outside. meeting with the nation's governors on tuesday and then addressing the business roundtable on wednesday. lou: thank you. ed henry, fox news chief...
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he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill that extends the tax cuts on those $250,000 and above and let the democrats take ownership because you know, they're going to be held responsible for the economic performance of 2013 and come 2014, you can actually get a political change that might make a difference. stuart: we'll wait and see on that one. art laffer, always
he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a...
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nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly inefficient in my view because there is no representation from small business on that jobs council. melissa: catherine, let me ask you, what i look what happened with the case in darden, it seems like what happened to a bunch of different companies, my take at the end of the day, for sure they're not going to hire anyone and that's what we need more than anything right now. >> you're exactly right. what we need are jobs, jobs, jobs. there is so much uncertainty out there right now with what will happen with taxes. we still don't know the full impacts of oba
nothing's changed post-election as opposed to pre-election. the, uncertainty of the tax situation, the fiscal cliff that everyone is tired of hearing about frankly. the overburdensome regulatory environment that we're in is depressing growth, particularly for small business. and i think that's a primary distinction here as we talk about business itself because all business is not created equal. and the president's jobs council who has some wonderful folks, some friends of mind on it, wholly...
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so did the president about health care reform and he got elected. so i'm not surprised about this at all and i think it's par for the course in washington. it really doesn't matter what the truth is. it matters how loyal you are to your party or your party affiliation. >> steve: whoppers aplenty. >> exactly. >> steve: laura ingraham, always a pleasure, thank you very much. have a great week. >> gretchen: coming up next, a new push by atheists to end a popular prayer group on capitol hill. they say it's in the american people's best interest. do they have a case? >> steve: then the pregnant princess hospitalized. we're live in london with the very latest. stick around [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day
so did the president about health care reform and he got elected. so i'm not surprised about this at all and i think it's par for the course in washington. it really doesn't matter what the truth is. it matters how loyal you are to your party or your party affiliation. >> steve: whoppers aplenty. >> exactly. >> steve: laura ingraham, always a pleasure, thank you very much. have a great week. >> gretchen: coming up next, a new push by atheists to end a popular prayer...
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and as a partisan elect the official in senate, there are thgs that i can do. but i can do more to take that positive message around the country and build coalitions with governors and organization, to prove to people to show them, that these ideas of make their lives better. i don't think that we' done a good enough job of doing that, this is an urgent time, i feel we can't wait another few years, i first intended to make politics my career, i have limit my term, this is just a good opportunity to elevate my gain. neil: did this is anything to do with you becoming a skunk at your own party's picnic, a lot of tea party's frustrated on what appears to be a hatchetting of tea party types in the house that tapper tarp that brought, -- tea party that brought your party to majority in the house. >>ense -- the senate is different, now i'm in senate with pat tumi and marco rubio, and soon to be ted cruz. neil: you are in a bigger minority now. you are not feeding the beast i'm throwing at you. there is a riff, that everyone is, you saw this page, that everyone is goin
and as a partisan elect the official in senate, there are thgs that i can do. but i can do more to take that positive message around the country and build coalitions with governors and organization, to prove to people to show them, that these ideas of make their lives better. i don't think that we' done a good enough job of doing that, this is an urgent time, i feel we can't wait another few years, i first intended to make politics my career, i have limit my term, this is just a good...
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but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power play of all in obama care came at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended medicare by nearly a decade. their plan ends medicare as we know it. >> on medicare, for current retirees, he's cutting $716 billion from the program. i can't understand
but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads...
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he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax rates. will you defend that? >> well, i think he has the upper hand in the sense that seen, americans say they support raising taxes on the wealthy, so i think he feels that he has a mandate on that issue. look, i feel if the republicans are willing to make up that revenue another way, he should be open to that. i don't think it has to come from raising taxes. it could come -- stuart: the republicans have put forward a plan to raise 800 billion dollars over ten years. >> right. stuart: that's not by raising rates. that's by restricting de
he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax...
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then he won the election. now he wants to increase it to over one half trillion. he has double down on all of these things. if you go back historically in this whole program, you might remember roy reagan, $3 in spending cuts for every dollar in new taxes. we get the taxes but ronald reagan never get the spending cuts. orge bush lost an ection in '92. he raised taxes on the democrats promised him $2 in spending cuts for every dollar in new taxes. george bush is still waitin for those $2 in spending cuts. now the present is saying to live in give you two and a half to one. it's time the democrats and the president stepped up and cut spding. gerri: to that point. want you to respond to what the white house had to say in response to the republicans offer and then go to michael's point about what you will actually get latr. here is what dan pfeiffer said. it promises to lower rates for the wealthy and stickhe middle-claas with the bill. we could do it pinocchio test. is that true or false? >> completely false. they want to keeall the race the same. now lower than for
then he won the election. now he wants to increase it to over one half trillion. he has double down on all of these things. if you go back historically in this whole program, you might remember roy reagan, $3 in spending cuts for every dollar in new taxes. we get the taxes but ronald reagan never get the spending cuts. orge bush lost an ection in '92. he raised taxes on the democrats promised him $2 in spending cuts for every dollar in new taxes. george bush is still waitin for those $2 in...
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in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the citizens united case, which took a situation already reeking with too much money and just poured tons of it, more into it. so for members now, it's just a mad money chase all the time, which i think is demeaning to everybody and very, very unfortunate. so it's a combination of factors. many others, but those are some of them. >> so look, you've helped negotiate peace in northern ireland. i worked you worked on peace in the middle east. how does the problem here get fixed? >> well, i think in the end, in democracies it's fixed only by the people. the word democracy is a combination of two greek word
in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the...
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dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the bi shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character ari goldman the
dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the bi shot hollywood agency william morris to represent him in...
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>> stephanie: i'm sorry about the results of the election -- >> caller: the results of the election, to me, okay how many votes in florida that people sent in that they tossed because they didn't sign their name on the back -- >> stephanie: the president won every battleground state though. >> caller: did he really? the majority was what latinos, right? >> stephanie: no latinos are a minority. latino hot bed of iowa. i love you mary. call again okay? >> caller: maybe. >> please. >> stephanie: why are you being so distant. [ applause ] >> we learned something new about road flair mary. >> stephanie: we did. >> somebody in the chat room said, yeah something told me that mr. road flair mary was gone a lot. >> stephanie: maybe that's why it works. >> drive his truck anywhere. i'm just going to get on the kennedy and keep driving. >> stephanie: do you have a load? no, i just need to go. why do we get the feeling he drives on empty truck back and forth. [ laughter ] >> stephanie: a big triangle. [ laughter ] >> stephanie: oh, come on. we're just kidding. forty nine minutes after the hour.
>> stephanie: i'm sorry about the results of the election -- >> caller: the results of the election, to me, okay how many votes in florida that people sent in that they tossed because they didn't sign their name on the back -- >> stephanie: the president won every battleground state though. >> caller: did he really? the majority was what latinos, right? >> stephanie: no latinos are a minority. latino hot bed of iowa. i love you mary. call again okay? >>...
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i listen to speaker boehner say the day after the election, revenue is on the table. the american people want to compromise and make washington work. he said it again and put out a specific offer. all we have heard from the president is a hard-line was no negotiation on the tax side and not one word about the entitlement reforms that would have to match that for this plan to make any sense. and it is that absence of lead on the spending side and unwillingness to make compromises that will actually get deals done and have washington auction again that i think our marks against this lame-duck session. lou: you have projected, the action form has projected 10 million prospect of possibly 10 million people losing jobs, 10 percent unemployment. a 4% reduction in gdp if we go over that cliff. correct? >> that is absolutely right. i mean, this is a big tax increase. it's a big spending cut. more importantly, if you look at the debt ceiling debate, we saw a sharp drop in consumer confidence and we saw that today in the december number. a sharp drop in consumer confidence, and
i listen to speaker boehner say the day after the election, revenue is on the table. the american people want to compromise and make washington work. he said it again and put out a specific offer. all we have heard from the president is a hard-line was no negotiation on the tax side and not one word about the entitlement reforms that would have to match that for this plan to make any sense. and it is that absence of lead on the spending side and unwillingness to make compromises that will...
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the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. you have to get ready for the next hour. >> huge show coming up. timothy geithner at the top of the hour. we're going to find out what's changed since the sunday shows he was doing interviews on. anton, ben, see you soon. i'll see you at the top of the hour. >> capital gains rates are probably going to go up. does that hurt the market as well? >> we've seen a lot of companies sell themselves. it's been a problem in the banking industry because loans have been paid off. they want to grow loans. people are taking control and repaying their loans. i think it's already been anticipated. >> you've had a hot hand trading this market lately. what are you doing, especially bearing in mind we have a jobs number on friday. >> i'm a little concerned on the adp numbers. this is generally the weakest of the year. that's probably baked in a little bit. i think w
the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. you have to get ready for the next hour. >> huge show coming up. timothy geithner at the top of the hour. we're going to find out what's changed since the sunday shows he was doing interviews on. anton, ben, see you soon. i'll see you at the top of the hour. >> capital gains rates are...
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i think republicans and to win elections in the future. >> now, erin, during this election, you covered governor romney a lot and now washington post tells us that he's in seclusion. according to "the washington post," i'm quoting them, he devours news from 2600 miles away in washington, shaking his head and wondering what if. yet friends insist romney is not bitter. erin, i'm just getting your react as somebody that covered him a lot. how do you read his new self-imposed seclusion? >> not surprising at all. this is a man who has just spent the last six years of his life running for president and towards the end of that campaign and john kerry was upset and al gore upset and mitt romney is just taking a breather and he may not have a big voice within the republican party and he might have a big voice on certain issues in the years to come. >> well, just as a point of information, i think al gore had a different view of the 2000 election but, anyway, let me go back to you, kristen. the gop's response to the election was all over the place but 25% of republicans want their state to succee
i think republicans and to win elections in the future. >> now, erin, during this election, you covered governor romney a lot and now washington post tells us that he's in seclusion. according to "the washington post," i'm quoting them, he devours news from 2600 miles away in washington, shaking his head and wondering what if. yet friends insist romney is not bitter. erin, i'm just getting your react as somebody that covered him a lot. how do you read his new self-imposed...